(02 MAY 2019)Gold spot ($):Look for 1266.50.
Analytics & Forecasts

(02 MAY 2019)Gold spot ($):Look for 1266.50.

2 May 2019, 09:27
Jiming Huang
Jiming Huang
0
97

gold

Pivot (invalidation): 1278.00

Our preference

Short positions below 1278.00 with targets at 1269.00 & 1266.50 in extension.

Alternative scenario

Above 1278.00 look for further upside with 1280.00 & 1284.00 as targets.

Comment

The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)

#Gold spot ($)